OTE 0.00% 0.3¢ otis energy limited

Hi FisherwomanThe rate of announcements do not worry me - just...

  1. 480 Posts.
    Hi Fisherwoman

    The rate of announcements do not worry me - just as long as they keep us informed of the important stuff.

    Was a bit disappointed about the first Comanche well and how the news of the extent of drop in bopd from both Comanche wells was delivered to general shareholders though. Standard for penny stocks, but I expected a bit better from OTE.

    I have high regards for Barnaby and think he will eventual do well with OTE. However I said last year that, for me, my actions will depend on the first Comanche well. If that well does not get back above 50 bopd then I will stick to my plan and get out (even though I am very happy with the 2nd well results , for matters of principle rather than business my plan depends only on the first well results) .

    But not in a rush - probably mid year. Hopefully by then will have some good news from 3rd Commanche well, lakes and some new projects that might get some excitement in this stock.

    Cheers

    Rumot
 
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